Chinese power consumption increased by 5.1% y-o-y in May

According to the monthly Industry Bulletin published by the National Bureau of Statistics, Chinese power consumption increased to 496.8TWh in May, up 2.5% m-o-m and up 5.1% y-o-y. This takes the power output to 2,426.3TWh over the first 5 months of the year, up 6.4% y-o-y.

The complete split of power consumption per industry should be published in the coming days.